Petróleo Brasileiro S.A. – Petrobras and Raízen have signed an agreement to jointly evaluate potential businesses involving the production, purchase and sale of biomethane, a 100% renewable fuel produced by Raízen from sugarcane waste (vinasse and filter cake), generated in the agro-industrial operations of the company's Energy Bioparks. The partnership also foresees studies for the development of logistics solutions for the delivery of biomethane, to enable its use in Petrobras' refining operations. With characteristics similar to natural gas, the product is part of a new generation of sustainable fuels (such as R5 diesel, with renewable content, and Bio Jet Fuel), in line with Petrobras' decarbonization strategy and the development of new business opportunities with lower carbon intensity.

A substitute for natural gas, diesel or LPG, biomethane has the potential to reduce direct greenhouse gas emissions by more than 90% by replacing fossil fuels. For Raízen, the production of biomethane expands the company's portfolio of renewable solutions, ensuring economy and sustainability for its customers. Biomethane is the name given to the renewable fuel produced from the purification of biogas, a process that eliminates the high carbon content of the compound and originates a fuel similar to natural gas.

The biogas is produced from residual organic material (vinasse and sugarcane filter cake) from the process of growing and processing sugarcane.